"It is our belief that these rules will give market participants confidence that they are unlikely lose money
by holding SBD purchased at a price of $1.00. We fully expect there to be a narrow trading range between
$0.95 and $1.05 for SBD under normal market conditions."

Thats a small part of the white paper under Setting Price Feeds, that whole section is what I'm talking about though. Starts on page 11. Goes into the controls in place for Steem and SBD.

https://steem.io/SteemWhitePaper.pdf

It's a dense read. That excerpt definitely shows the expectation for SBD to be prices around a dollar and Steem and SBD are deffinitely meant to be pretty comparable to each other. Or at least encourage the prices to match each other from the release of new SBD and Steem. 

As I kinda said though as long as steem user and investors don't care for their savings and guaranteed interest on their steem and SBD then the savings application for Steems monetary policy is broken and wont be their as support if steem were to fall below one dollar. Making steem fundamentally only able to hurt its own value by having all new SBD having no reason to be saved up.

With you being more of a TA trader (Least looks that way) I wanted to bring up some fundamentals of steem since it is probly not something you are primarily looking at.

PS I'm short term bullish on Steem and SBD as well, especially Steem since it is below parity with SBD, and the SBD being close to $1.00 thing is far out the window at this point in my opinion.